Samyang Foods has confirmed a 3 billion KRW investment in SUJISLINK, a FoodTech company specializing in alternative meat production, marking its entry into the alternative food market. Samyang Foods believes that SUJISLINK’s capability to create plant-based protein structures will significantly aid its new ventures in the bio-related fields. Consequently, the industry is closely watching SUJISLINK, which has partnered with the internationally successful Samyang Foods.

According to the Green Economy News on the 22nd, Samyang Foods is set to enter the alternative food market by collaborating with FoodTech company SUJISLINK. Recently, Samyang Foods made a strategic investment of 3 billion KRW in SUJISLINK. Following a memorandum of understanding signed last November, this investment aims to promote active business cooperation between the two companies. Hence, the industry’s attention is focused on SUJISLINK’s partnership with Samyang Foods. (continue)

Link: Green Economy News (https://www.greened.kr/)